Nataly

@polymorphiccap is one of the most active Web3 funds today and one of the earliest investors in @FairMath , as well as one of the most value-add partners we’ve worked with. If you’re raising in this space, you can get in front of the Polymorphic Capital team directly via Parley: parley.zone/i/eldar parley.zone/i/nataly

@benlakoff bellies or faces.....also big

Peptides have reached peak interest in my group chats. Everyone is talking about what they're taking. Everyone is hunting for high-quality sources. People who were worried about organic foods are injecting random internet-sourced peptides into their bellies. Hope. 🔥

@freename Hey!!! Kudos team!!!

Freename AI is live. It starts with your identity, and AI handles the rest, brand, website, marketing, SEO, AI visibility. Welcome to the identity layer for the agentic internet. Try it free at freename.ai

@daminufe Would be cool to add there the potential pitch side of the product to real investors. Our portco founder did this @g_arakelov parley.zone happy to explore if relevant and how @daminufe

I’ve just launched an entrepreneur networking service in Portugal - it’s called CoFounder and it’s 100% free. The goal is to create the largest map of entrepreneurs and startups in Portugal, enabling networking and potentially connecting co-founders with each other.

1/2 Great to see multiple portcos in the latest @a16zcrypto stablecoin map 🫡This is where real usage is compounding while the rest of the market debates narratives

@due_network Congrats @robiosss and the whole team!

Due Payments Inc. is now a registered PSP under Canada's Retail Payment Activities Act (RPAA), supervised by the Bank of Canada. This means: 🇨🇦 A regulated infrastructure partner for Canadian payment flows 💸 Compliant cross-border settlement in and out of Canada 🔗 Stablecoin-to-fiat with full Bank of Canada oversight If you're building payment flows in or out of Canada, let's talk!

Absolutely love this

Nice to see how @Nevermined_ai model is being validated big time

It’s important to enable merchants to accept those micropayments and track/mark them as agentic payments. This is not to mention that there should be a smooth fiat and stablecoins flow - whatever works for developers and merchants. Our portco @Nevermined_ai built it. Looking for more solutions like that in the space - dm

Aaron Levie says agent-driven micropayments could create an entirely new business model for the internet: "We might have truly a completely different business model for the internet." "Now actually it's probably is a good business model. Because let's say you had paywalled, really proprietary data... You could actually imagine like there's maybe like a hundred million agents that would be tapping into that data for various use cases." "All of a sudden, a penny a transaction starts to make a lot more sense than it did when you were capped at... people that maybe was interested in your content previously." "We probably have new business models for tools and APIs... We probably want an agent to be able to have a budget and make any API call it wants, and all of a sudden you have this new revenue stream, which is like these agents showing up, just transacting on your system." @levie at Daytona Compute Conference

@TrendleFi Bought one on Sabrina Carpenter a while ago….i guess I should have been buying Justin Bieber instead….

Trendle is coming to every house

@anticustody @safe @KYDLabs @tixprotocol best of luck! keep us posted 🤝

A personal update After 3 years at @safe as VP of Growth, I’m joining @kydlabs to lead protocol and growth for @tixprotocol. Safe was an exceptional run. I had the privilege to drive various fronts from token launch to monetization from zero to $10M+, building teams through growth and holding the line when the going got tough. To the team, our investors, partners and everyone who built alongside us, thank you for the trust and for building something that genuinely matters. You'll always find me in your corner. So what’s next? Here's my thesis: 2026 is the year crypto has to prove it solves real problems outside of its comfort zone. The projects that win won't be building solely for other crypto projects. They'll be building for industries that don't even know what we're talking about. Two years ago I met @KYDNimale at Medici and he said something I couldn't stop thinking about: "Ticketing platforms are banks." At first it sounded like a provocation. It wasn't. Because the largest markets are hiding in plain sight. In industries that don't call themselves finance. Ticketing is one of them. Venues and artists receive massive upfront $$$ advances from ticketing companies in exchange for multi-year exclusive contracts. In return, ticketing companies add 30%+ in service fees on every ticket sold. This is effectively interest paid by fans on capital advanced to venues. Today, this private credit market is opaque and controlled by a handful of incumbents like Ticketmaster. KYD is making it accessible and investable with TIX. More on this soon. If you've been thinking about where crypto meets the real economy, I want to hear from you. DMs open.

@rriccio @polymorphiccap

To anyone concerned about the 'VCs stopped investing in crypto' narrative, here's a list of investors actively deploying: - @1confirmation - @1kxnetwork - @6thManVentures - @BHDigitalAssets - @CMT_Digital - @cbventures - @hiFramework - @halo__xyz - @HivemindCap - @lattice_fund - @Maven11Capital - @metalayervc - @multicoin - @NorthIslandVC - @preludexyz - @hi_Reverie - @standardcrypto - @WhiteStarCap We know this from first-hand experience – they've backed @alliance startups over the past few months. If you're raising, you should talk to them. (This list is top of mind and not comprehensive. I'm definitely missing many names. But I'll try to keep it up to date.)

@wassiecapital No public announcement of our $50M early-stage fund (my bad) but definitely active and deploying✌🏼@polymorphiccap

New Crypto Fund Raises (2024-2026) not mentioned above • @robotventures (Deep Tech/Finance) — Raised $75M Fund IV in Aug 2024 • @borderless_cap (DEPIN) — Raised $100M Fund III in Sept 2024 • @CrucibleCap (Energy/Compute/Crypto) — Raised $50M Fund in Oct 2024 • @CastleIslandVC — Raised $250M Fund III in March 2025 • @Maven11Capital — Raised $107M Fund III (March 2025) • @daofive — Raised $222M Fund II in May 2025 • @galaxyhq — Raised $175M Venture Fund I (June 2025) • @ThetaInvest (Fund of Funds) — Targeting $200M Fund V • @HaunVentures — Targeting $1B across 2 new funds • @HashKey_Capital — Targeting $500M raise ($250M first close) • @PanteraCapital — Targeting $1B for Fund V • @dragonfly_xyz — Raised $650M Fund IV (Feb 2026) • @paradigm — Raising up to $1.5B for New Frontier Tech Fund • @paraficapital — Raised $125M Fund III (March 2026) • @a16zcrypto — Raising ~$2B for Fund V (Expected close H1 2026) • @polychaincap — Targeting $1B for Fund V • @ElectricCapital — Targeting $300M Fund III • @5cc_Capital — Targeting $35M Fund focused on prediction markets CVCs & Other Strategics • @tether (AI/Energy/Fintech/Biotech) • @yzilabs (Web3/AI/Biotech) — @ellazhang516 • @triton_xyz fka @krakenventures (Blockchain/FinTech/Enterprise AI — @stutireal • @SeliniCapital (MM) — @gametheorizing • @wmt_ventures (MM) — @Jonaskristensen @evtsk17 • @GSR_io (MM) — @Quynh__Ho • @cbventures • @OKX_Ventures • @circle_ventures • @mirana Crypto Accelerator Programs • @alliancedao — $500K/company (3 cohorts a year) • @nitrodotacc — Up to $500k/team (12 week program | 1 month NYC + 2 months online) • @base — $10k grant to top 15 startup teams (Base Batches | 8 weeks + demo day in SF) • @colosseum — $250K pre-seed / team (Solana Frontier Hackathon) • @encodeclub — Bootcamps, Hackathons & Accelerators • @ycombinator — $500K (73 funded crypto startups to date | 3 month program) • @Cardano_CF — $11.5K (10,000 Swiss Francs) grant / team (Cardano Accelerator Program | 10 week program) Non-Dilutive Grants & Ecosystem Programs • @solana — Milestone based + convertible grants (Solana Foundation) • @superteam — Micro grants to early-stage Solana builders in emerging markets (India/SEA/Eastern Europe/Africa) • @arbitrum — Arbitrum DAO Grant Program • @EF_ESP — Wishlist & RFP based model (builder tools/infra/research & public goods) Some observations: • Most firms that were crypto-focused have expanded their mandates to underwrite AI, robotics, and generalized consumer • Many have shifted towards more liquid/hedge fund strategies rather than pure venture but results have been mixed with most long-only liquid funds sitting on significant drawdowns with redemption pressures building while only a small cohort of tactical/market-neutral funds have outperformed See XtineFang HK Consensus Liquid Fund Recap👇 x.com/XtineFang/stat… • The narratives gaining traction tell you where capital is flowing towards and these map almost 1:1 to where the funds above have been deploying into: — Stablecoins as payment rails — AI x Crypto (agentic payments) — RWAs moving beyond tokenized treasuries into compute + energy (@Melt_Dem thesis coming true) — Prediction Markets maturing as real infra to the point where pricing disparities are attracting MM interest but liquidity constraints still remain a barrier — Revenue generating protocols remain key focus for investors seeking resilient protocols to back in bull/bear market conditions • There is definitely builder fatigue with several high-profile founders leaving the space & experimentation dropping to all-time lows as @beylin notes x.com/Beylin/status/… TLDR: Fundraising dynamics have definitely changed. The bar is higher, due diligence is longer, and funds are much more selective. But if you're building something real, have conviction in it (when nobody else does) and are able to sell the story well, there is clearly capital. It's just pickier and that's exactly how it should be after the last cycle PS: If you're deploying or building in gamified consumer, would love to chat 💕 X list below to keep tabs on the firms and people actually deploying within the space x.com/i/lists/204341… h/t @dunleavy89 for kickstarting the discussion and the various other individuals who've compiled lists @analyticalali ++ hope helpful wuwu 🫶

Mapped out crypto funds actively deploying right now, who to reach out to, short details, and other alternative sources of capital for builders 🧵 Funds actively deploying • 1KX (Announced $75M Fund in March 2024) — @pet3rpan_ • Archetype VC (Announced $100M Fund III in Sept 2025) — @dberenzon • Arrington Capital — @arrington • Blockchain Capital (Announced $580M Fund VI & Opportunity Fund focused on DeFi/CeFi/Infra/Gaming/Consumer/Social) — @jonah_b • Blockwall VC (Announced €22.5M first close of Fund III in Oct 2025) — @syedarmani • Chapter One (Announced $40M Fund in Dec 2021) — @jmj • CMT Digital (Announced $136M Fund IV in Oct 2025) — @CharlieSandor • CoinFund (Announced $158M Seed IV Fund in July 2023 | Focused on DeAI/Quantum/Prediction Markets/Stablecoin Payments/RWAs/Purpose-built L1s) — @jbrukh • Collider VC (Announced $54M Fund II in March 2022) — @TheEylon • Cypher Capital (Announced $100M Seed Fund in March 2022) • Decasonic (Announced $48.8M Fund in Jan 2022 | $1-2M checks) — @paulhsu • Delphi Ventures (Deploying out of 4th fund across early stage crypto & AI) — @Shaughnessy119 • Draper VC (Announced $200M Fund 8 in July 2025) — @maxime_bucaille • DWF Ventures (Announced $250M Liquid Fund in March 2025 and $75M DeFi Fund in Nov 2025) — @ag_dwf • Eterna Capital — @nassimolive • Equilibrium (Announced €30M Fund I in June 2024) — @mhonkasalo • EtherFi VC (Announced $40M Fund I in April 2025 | $0.5-1M cheques) — @DaveHsu • Frachtis VC (Announced $20M Fund I in June 2025 focused on Decentralized AI, Middleware, Infra and Consumer apps | Pre-Seed) — @0xave • Generative Ventures (Announced fund in August 2023) — @LexSokolin • GD1 Crypto (Announced $5M fund in June 2022) — @nawazahmednz • Greenfield Capital (Announced €135M Fund III) — @claudedonze • Gumi Cryptos Capital (Announced $110M Fund II in March 2022) — @EvansHuangfu • Hack VC (Announced $150M Fund I in Feb 2024) —@alpackaP • Halo (Announced $25M Fund I in Sept 2024) — @dhoward • Hashgraph VC (Announced $100M Fund in Dec 2025 | $0.5 - 2M checks, Pre-seed/Seed) — @neuralunlock • Haun Ventures (Announced $1.5B Fund I in March 2022) — @Beylin • Hivemind Capital (Announced $1.5B Fund in Dec 2021) — @kay_phillips_ • Kosmos VC — @maybeltr • Lattice Fund (Announced $60M Fund II in Aug 2022) — @MikeZajko • Lemnis Cap (Announced $70M Fund III in Aug 2024) — @grisacerne • Moonrock Capital — @sjdedic • Maximum Frequency (Announced $50M Fund in Oct 2025) — @neilhar • No Limit Holdings (Announced $100M+ Fund II in June 2025) — @brezshares • Pantera Capital (Announced $1.27B Fund IV ) — @0xfishylosopher • Plutos Capital (Privacy | Pre-seed) — @Cyph3rVae • Polaris Fund (Actively deploying across Venture / Liquid / Yield) — @DarshanG_ • Portal Ventures (Announced $75M Fund II in Nov 2024 | Pre-seed) — @Evanzsolomon • Reciprocal Ventures(Announced $70M Fund II in June 2022) — @CraigBurel • RedBeard VC — @DrewAustin • Rockaway X (Announced $125M Fund II in April 2025) — @ryanconnor • Social Graph VC — @brockchainn • Tioga Capital (Fund II focused on RWA/Perps/Frontier Tech, Pre-Seed to Series A) — @curious_mind21 • UDHC (Pre-Seed to Series A) — @coulter • V3V Ventures — @0xstajus • Varrock (Announced $30M Fund I in Feb 2025) — @richardchen39 • Varys Capital (Announced $75M Hybrid Venture/Liquid Fund in Sept 2023) — @Pietroo_Negri • Verda Ventures (Announced $40M MiniPay Fund in Dec 2024 focused on stablecoin infra / remittances /banking services /agentic payments) — @amitochu • Volt Capital (Announced $50M Fund in 2022) — @rsarrow • Zee Prime Capital — @Fiskantes • Zig Labs (Deploying $150K - $500K for AI first and new age Web3 projects, Pre-seed) — @ARafayGadit

@stacy_muur @GSR_io @mf__xyz @paradigm @Initialized @DraperVC @frachtisvc @colosseum @cbventures @1kxnetwork @flowdesk_co @BanklessVC @SeliniCapital @dragonfly_xyz @socialgraphvc @WhiteStarCap @FulgurVentures @FigmentCapital You forgot @polymorphiccap

VCs that participated in Pre-seed & Seed rounds in 2026 ↓ @GSR_io @mf__xyz @paradigm @Initialized @DraperVC @frachtisvc @colosseum @cbventures @1kxnetwork @flowdesk_co @BanklessVC @SeliniCapital @dragonfly_xyz @socialgraphvc @WhiteStarCap @FulgurVentures @FigmentCapital

@Hercules_Defi @Shaughnessy119 @pierskicks @Delphi_Ventures I hope one day @polymorphiccap with @eldar_pm will also be included since we are deploying 🙃

The VCs are very much ready to fund your project if you have the right idea and team. This is a list of Crypto VCs who are ready to deploy.👇 ------------------ > @Shaughnessy119 and @pierskicks from @Delphi_Ventures said they are deploying their 4th direct fund, actively and selectively. They also said they are open to early-stage crypto and early-stage AI founders. --------------------- > @DaveHsu from @etherfi_VC said they are deploying $500K–$1M checks for founders rebuilding finance. Live product with traction required which will also give direct access to the @ether_fi ecosystem. --------------------- > @neuralunlock, @dara_venture, and @iwillpat from @HashgraphVC said they are deploying $500K–$2M checks. They also said 4 deals done this year and are targeting 35 total. --------------------- > @maxime_bucaille from @DraperVC said they are still actively deploying and they've done 8 deals so far this year --------------------- > @EvanTheFeng and @jbrukh from @coinfund said they are active and DMs are open for new ideas. Focusing on AI, prediction markets, stablecoins etc. --------------------- > @Evanzsolomon from @PortalVentures said they are still leading pre-seed deals. --------------------- > @MikeZajko from @lattice_fund said they are still actively writing checks. --------------------- > @alpackaP from @Hack_VC said they are investing more aggressively than ever. --------------------- > @0xstajus from @v3v_ventures said they are still actively deploying and happy to connect with visionary founders --------------------- > @0xfishylosopher from @panteracapital said doors and DMs are always opened. --------------------- > @claudezone, @gleb0x from @greenfield_cap said they are actively deploying and DMs are opened. --------------------- > @ryanconnor from @Rockaway_X said they are still bullish on crypto founders. --------------------- > @ARafayGadit from @ZigLabs_ said they are deploying $150K–$500K pre-seed for AI-first and new-age Web3 projects. --------------------- > @kay_phillips_ from @HivemindCap said they are actively investing pre-seed through series B deals --------------------- > @maybeltr from @kosmosVC said he's actively deploying and you should hmu anytime, anyday. --------------------- > @curious_mind21 from @TiogaCapital said they are deploying more than ever with fresh funds and only 10% deployed so far. They are focusing on RWA, perps, frontier tech etc. --------------------- > @jonah_b from @bcap said they are actively deploying. Also said they have invested in @polymarket, @coinbase, and @tether. The list continues in the comment👇

@dunleavy89 @dantwany Don’t see @polymorphiccap 🥲 We actually deploying in pre-seed/seed

The data from @dantwany tells the story pretty simply. The number of VCs deploying: 2022: 5,300+ 2026: <400 Down 90%+ As I noted in pre-seed/seed its worse. I got to ~30 below based on the QTs and from speaking with peers. Here is the list of who is still deploying for those raising at under $100M val: - Varys Capital (me) - Coinfund (@EvanTheFeng ) - Dragonfly_xyz (@HadickM, @TheOneandOmsy ) - 6thManVentures (@mdudas ) - DraperVC (@maxime_bucaille) - Lattice fund (@MikeZajko ) - PortalVentures (@Evanzsolomon , @dotcuriouscat ) - Blockchaincap (@jonah_b ) - Greenfield cap (@claudedonze ) - v3v ventures (@0xstajus ) - CMT Digital (@samiam2194 ) - Dba xyz (@jon_charb ) - EV3ventures (@DAnconia_Crypto ) - Wintermute (@joschakup ) - ZeePrimeCap - Greenfield_cap (@gleb0x ) - Collider VC (@TheEylon ) - 1kx (@pet3rpan_ ) - Moonrock Capital (@sjdedic ) - BanklessVC (@benlakoff ) - Cb ventures (@HoolieG ) - Maven11Capital - Multicoin (@shayonsengupta) - Breed vc (@JedBreed ) - Rockaway_X (@ryanconnor ) - Borderless cap - Castle Island VC (@nic_carter , @MattWalshInBos ) - Haun Ventures (@Beylin, but mostly later stage) - Pantera Capital (@FranklinBi, but mostly later stage)

@segall_max @Nevermined_ai @Visa @coinbase @getVGS

@Nevermined_ai @Visa @coinbase @getVGS This is SO bullish!!!!

1/8 🚨Announcement🚨 @Nevermined_ai unlocks autonomous agent payments using @Visa Intelligent Commerce, @coinbase x402 and @getVGS . AI agents can hold persistent delegated card spending authority with safe policy enforcement set by the cardholder. 🧵👇

@organ_danny @Nevermined_ai @Visa 👏👏👏 Great to see this live!

x402 🤝 @Nevermined_ai 🤝 @Visa "This new end-to-end agentic payment solution enables agents to autonomously purchase digital goods like articles, dataset queries, and API access through credit-card linked programmable micropayments. Machines can now generate and execute economic demand on the internet autonomously using Visa cards."

This is what the infrastructure for a machine-native economy start looks like. Highly recommend reading this. Congrats @Nevermined_ai and @dongossen for pushing the space forward!

1/10 In some ways, the agentic economy is here. In other ways, not so much. What exists today looks like agents. What’s coming will behave very differently.